Evening Star Newspaper, April 18, 1935, Page 19

F BONDS IRREGULAR AS VOLUME LAGS Federal and Prime Corpor- ate Issues Firm—Junior Groups Uneven. By the Associated Press. NEW YORK, April 18.—Trading in bonds was slower today and trends were mixed. I In United States Governments and high quality corporate issues values were firm at little change from the previous close Secondary loans were decidedly un- even. A few of the rails rallied a| bit, but others increased recent losses by fractions, l $4.01 A SHARE EARNED BY CONTINENTAL CAN By the Associated Press. NEW YORK, April 18.—Continental ’ Can Co. for the 12 months ended March 31 had net profit of $10,687,060, equivalent to $4.01 a share on 2,665,- 191 shares of common stock. For the 12 months ended March 31, 1934, profit_was $7,942,941 or $4.53 a share on 1,754,124 common shares, Washington Exchange SALES. Capital Traction 5s—$1,000 at 99, $1,000 at 99, $1,000 at 99, $1,000 at | 99, $1,000 at 99, $500 at 99. | Capital Transit Co.—10 at 18%, 10 at 18%. Wn.shing(on Railway & Electric pfd.— 9 at 104. AFTER CALL. D. C. Paper 65—$1,000 at 16'z, $1,000 at 1655. Capital Traction 55—$3,000 at 99. Capital Transit Co—5 at 19. Notice—This exchange will be closed tomorrow, Good Friday. BONDS. Bid and Asked Prices. Amer. Tel & Tel 4':s Am. Tel & Tel. col. tr 5s. Pot. Flec Pow. Con Potomzc_ Electric Wash. Gas 55 1 Wash. Gas 5s 1960 Wash. Gas 6s. series B. .. ‘Wash. Rwy. & Elec. 4s.. MISCELLANEOUS Barber & Ross. Inc., 6'ss. Chevy Chase Club 5 Col. Country_Club D. C. Paper Mig. 6s. W. M. Cold Storage 5¢. STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel s 108 Canital Transit Co ) & W. Steamb s 12 101 13 [ Riggs com. ol Washington (6 mus’r COMPANY. Amer. Sec. & Tr. Co. (R). .. ational Saving & Trust. ash. Loan & Ti. (§).... 19 SAVINGS BANK Com. & Savings (6) FIRE INSURANCE. American (12 Corcoran 250, Nationa1 uhion (507, TITLE lNSURANCE Columbia (.30) Real Estate (6). L MISCELLANEOUS (1.60) ") (5) Carpel_Corp P 1 Emer. B R mu) Lanston Monotype (4) Mergenthaler Linotype’ Wdwd. & Loth pfd. *Ex_ dividend. 25¢ extra. INVESTMENT TRUSTS NEW YORK. April 18 (P.—New York | Becurity Dealers’ Association: (Noon quotations.) i Admin Fund ww m s ullock Fund umulative Tr ‘Sh'.. orporate Trust . orp Tr A_A mod .. . Corporate Trust Accum’ Ser Pund Investors Inc und Tr Shrs A . nd Tr Shrs B . corp Investors PriN-Y. wual _Tnvest atlon, Wide Sec ‘v, orth Am Ennd “re cus har: Selected Income Sh’ @bencer Trask Pund Am Tr Shrs. Stana Ot fnc Super of Am SHORT-TERM SECURITIES. (Reported by Chas. D Barney & Co.) Bla 100%% 10134 113% 107% 104 103% k2‘~: 100% 26 108 ma-c’h-lmen Co. 5s 1937. S Beer Suser 65 1040 m. Tel. & Tel. 5'25 19 tlantic Refining 5s 1937.. thiehem Steel 55 1936 lifornia Pcfil;ln; b3, 11!40 n: o S Ohio. By o 103 Lt & Coke bs 1037 ke E; high Vllley Coal 65 1 uisville & Nash. 5 | Fiat deb 7s 46. Kreu&Toll 68'59A cfs Yokohama 6s INANCIAL. By private wire direct to The Star. LIBERTY. High. Low. 2:85. 3%851982-47..... 10110 101 7101 8 1stov 4 %8 83-47. 10112 10110 10111 4th 438 1933-38..10219 10217 10219 4th 4% 33-38 rex 10216 10216 10216 TREASURY. 27%s1955-60. .10116 10112 10113 10321 103 1R 19518 10371 103 1% 10320 2Y s 1944- 46. 10519 10517 10518 33%,51940-43 June 107 '5 10712 10715 3%51941-43 Mar. 10719 10719 10719 3% 1946-56..... 10928 10928 10928 48 1944-54 ve.. 11116 111 7 11116 4%48-33481943-45 10524 10522 10522 4%s1947-62 .. . 116 2116 116 FEDERAL FARM MORTGAGE. 351947, 10120 10128 10129 381949, 10125 10123 10123 348 1964.... 0320 10316 10317 HOME OWNERS' LOAN. 2% 1939-49..... 10010 100 8 10010 381952, . 10124 10123 10123 4s 1951, . 10030 10027 10030 FOREIGN BONDB. High. Low 2:55 34% 36 Abitibl Pa&Pw 68 ‘63 Agr Mtg Bk Col 65 7 F 23 R4 8% 94 9% 93% 93% 94 987 93% 9 95% 101% 1a 101% 101% Austrian 7s °57 9% 9am Batavia Petm 4%4s°42 Belgium 6s°55.. .. Belgium 6148 ‘49 Belglum 78 °55. .. Berlin El Ry 618 '56. Bolivia 78 '69.. Bolivia 8s 47 Brazil 614s "2 105% 1007 101 107 3T % bly 244 105% 1007 1007 1074 3T e 5lg 24w 1054% 100%% Brisbane s Brisbane 6s ‘Bl BuenosA Cy 65 '60 Oc Buenos A 6861 st Pv BuenosA Cy 634855, Bulgaria 7s 67 July coupon oft Canada s ‘52 Carlsbad 8s'54 Chile és Chile 6s Chile 6s Chile 6s Chile 6s * Chile 7s 42 Chile Mtg Bk Chile Mtz Bk 6% 51 Chilean Mun L 7s'60. Colombia 6861 Jan.. Colombia 6s ‘61 Oct. . Copenhagen 58 '52... Cordoba T7s '37 City.. Costa Rica 78’51 A May coupon on. . Costa Rica 7s ‘51 Nov Cuba 5%s 45 Cund’amarca 6%s '59 | Denmark 43s ‘62.... * | Denmark 6s ‘42 El Salvador 8s 48 ct. Finland 6s ‘4. Finland 6%s Frankfort 638 '53.. French Gov 7%s "41.. Ger Gen El 6348 Ger Gen El 75 '45 Ger Gov 53 Fer Rep 7. Grt C El Jap Grt C El Jap 78 44 Greek Gov 6s '68. . 21% 2T Hamburg St 65 46. .. Hansa SS 65 '39 ww. Helsingfors 6148 ‘60 Hung L M 7%s 61 A. 26 43y 1023 32 431 102 32 Italy 18°61..... «al PUCrd 7s 5z K98, 76 Japan §%s ‘65 Japan 6%s ‘54. 82% 95% 30% 2% 5% 30% Low Austria 73s ‘50 unmat coupon on 99% Merid Elec 78 ‘57 A.. 87 Minas Gers 648’59 Sept coupon off. . New So Wales 55 °57. New So Wales 58 '58. | Nord Rys 6%8°'60.,.. Nor Ger L1d 6s '47... Nor Ger L1d 65'47 new Norway bs 63. | Norway 6%s 65. Norway 6s 43. Norway 6s'44. Norway 6s '52. Oriental Dev 5% Ortental Dev 6s Panama 6s ‘63 stp asd Peru E Peru 6s°61.. Poland 6s 40 Poland 18 '¢7 Poland 8s ‘50 Prussia 6s 52. Prussia 6%s '51. Que Rhine W EI P §s 62, Rio de Jan 6348 63 Aug coupon off. . Rio Gr do Sul 7s 66 May coupon off. . Rio Gr do Sul 7s '67 June coupon off. Rio Grdo Sul 8s ‘46 April coupon off. Rome 638 '52. . Roumania 7s ‘69 Aug coupon off. land 78 41 .... Sept coupon off. . | Sao Paulo St 8s 60 July coupon oft. . 3 Saxon Pb W 6348 '51. Saxon Pb W 7s 45. Serbs 7s ‘62 Novcon. Siemens & H 63%s'61. Sile Elec 6%s 4 Stlesia Prov 7s Toho El Pw 78 Tokio bs ‘62 Tokio b%s ‘Tokio El Lt 6 9N1% 9% 8% 36 36% 69% 36%, 36% B4% B4% DOMESTIC BONDS Abr & Straus 6% 43 103% 103 Alb Per W P Un Stl Wk 6%8 61 A. Uruguay 63 '60 .. Warsaw 7s 58. . Westphal EI P 6 '63. 1 bash R Pher Bros. 65 ls’m £ METAL HARKET. YORK. April 1R (»—Coppel fet:" elecirolyiic Spot and future. Blue &lle. 9.00. Tin steady; spot and nearby. : East Aluminum, 14.25. umon RUBBER FUTU‘B.ES. YORK, April 18 (.—Crude rnbber ues opened barely s u e (T » 5 Am Writ Pap 6s Alleg Corp Bl 50 ltv Alleg Valley 107% 1073 Alleg & Westn 86 86 1003 100% 100% 101% 101% 101% 102 102 102 57% 574 57% 84l R4% 84% 107% 106% 107% 92 92 92 103% 103% 108% 10215 102% 1021 107% 107% 107% 108% 108 108% - 1121 112% 112% 112% 112% 112% . 113 113 113 o 96K 95 95 8% % 11% ay a1 2 Am Smelt & R AmT&T4%s'39... Am T&Tcl tr bs 46 Am T & T deb bs Am’l & T deb Gs 6 AmT& Tb%s & Am Wat Wks b 0| Am Wat Wks §; 4 8914 % | THE EVENING STAR, WASHINGTON, D. C 3 3 #¥» A_19 _—_______—__fi——__—_—————___—.__————_———_————_———’——————_———_——— BONDS ON NEW YORK STOCK EXCHANGE Net change .. Today, 1 p.m. Previous day . Month ago . Year ago . 1935 high 1935 low 1934 high . 1934 low . 1932 low 1928 high Today, 1 p.m, Moenth ago . 1935 high . Armour& Co 4%s'39. Arm of Del 6148 43.. Armstrg Cork 68 °40. AT&S Fe4s'05-55.. AT&S Fead) 45'95. A T&S Fead 45°96 st. AT&SFeC A 4%5'62 Atlanta & Bir 4s'33.. At1 &Ch A L6s'44... Atlantic&D 1st 4s 4! Atlantic&D 2d Baldwin Loco 58°40. B & O Toledo 43 Bang&Aroos cv 51, Bell T of Pa bs 48 B. Bell T of Pa bs ‘60 C. Beth Stlpm 6s3°36... Big Sandy ¥ BklynCy R R 6s°41.. Bklyn Edis 63 49 A.. Bklyn Edis 6562 E. . Bklyn M T 68 68 A. Bkiyn Un El 6s°60... Bklyn Un G 6857 B.. Bruns & West 4s 38, | Buf G E438'81B... Buft R&P con 4%a ‘67 Bush Term cn 68 '66 alif GRE ref 5s°37.. Camag S s '42 ctf: Can'dian Nt K 4% 851 Can'dian Nt R 4348’64 Can'dian Nt R 4348'66 Candian Nt R 4348’67 Can'dian Nt R 4%s 68 Can‘dian Nt 6s'690ct. Can’dian Nt R 53 '70. Nrdb 7s 40 % Can'dian Pc 5s'44 cfs Can'dian Pc 6s°54... CaroCl& O 6s'52 A. Cent Dis Tel 58 '43 ... Cent of Ga con 55 '45. Centof Ga b= 59 C.., Cent 11l E& G 53 61 “|Centof NJ 4s 87 Centof N J gen | Cent of N Jgns | Cent Pac 1strt 43 °¢9. Cent Pac 5s ‘60 Cent Steel 8s " Cert'd deb b8 ‘48 Chesap Cp cv cl bs Chesap Corp 6847 C&OUgend¥%s 92 C&O4%a'93 A C&0O4%s'96B.. C & O con 58°39 reg. . C & O R&A 1st 4s '89. Chi & Alt ref 3s 49 Chi B & Q gen Chi B&Q! div 4s ‘49.. ChiGrt W CM&SLP ¢s 89 CM&StP gn 4%5 89 C CM&StP 4% '89. CMStP&P bl 15. CMStP&P adj Chi & NW 4%s '87 Chi & NW gn s '87. Chi & NW rf 652037. C& NW Nr W 614836 CRI&Prf4s'3¢ n Sta ¢4 8’ 53 A. Chile Cop deb 63 '47.. CinGasEl 4s'68 A... CCC&StL gen CCC&StL rf 5863 D. Clev Short L 4%s '61. Clev Un Ter 4 Clev Un Ter 5873 B. Clev U Ter 6%4s'72 A Colo Fuel & 1 65 43.. Colo Ind ¢l tr 6s'34., Col & Sorf 4%s '36.. Colo & So 4% ‘80 Col& Sou ¢} s'8vasst Columbia G& E ColRPL6%s 42... Com Inv Tr b%s 49.. Con Coal Md rf 68 ‘60. Con Coal Md 5s'50 cfs Con Gas Chi 63 ‘36 Con Gas N Y 4%s 51, ConGas N ¥ 68°57. ConG N Ydbb6%# Consumers Pwr Container deb Container 65 4 Crown C &S 65 41... Crown Will P 6s '61.. Crown Zell 63 '40 ww. Cuba R R 1st b5 °63.. Cuba RR 65 '36. Cuba R R ref 1%8s'36 Cuba Nor RR 638 '43 Cuban Cane P §s ‘50 Cumb T & T 6837 Del & Hud rer De! & Hud 6%8°37. . Del Pwr & Lt 4%8'69 Den G & E 5851 Den&RGW 5555 assi Den &R G rtbs 78 .. Det Riv Tun 43 Det Edison bs '62. Det Edison bs '62. Dodge Br cv db 65'40. Duqu Lt 4%s 57 B... 61, (l Erie Gen Riv Erie & Jersey 5.. Fran Sug 7%s°42.... Gannett 3 Gen Cable b%a 47 Gen Thea Eq 68 40. Gen Th Eq 68 40 cfs. Gmflch.l 6. .. 635847, Goolyr'tbl“ 5T, Gould Coup 6 Gr Tr'’k of Can s Can'dian Nrdb64s'46 1234 . 109% n Sta 68 63 B... 108% 108 ’ 105% 105% . 11 BOND AVERAGES Complled by the Assoclated Press. 20 10 Ralls. Indust. .Unch. Unch. 78.8 953 78.8 95.3 8.7 924 89.5 878 764 89.4 4.5 9 929 73.1 40.0 98.9 10 Low-Yield Bonds. . 109.7 Previous day e Year ago . . 1935 low . 1934 low .. . 1832 low .. 1044 High. Low. 2:56 103% 103% 103% 105 104% 106 103% 10315 103% 1011 101's 101% 1025 102% 102% 102% 102% 102% 109% 109% 1051 105% 110 110 8% 8y 105% 105% 20 26 25 39% 3914 107% 107% 1% 91% 100% Gr Tr'k of Can 78 '40 GtNRref4%s’'61 A. Gt N Rgen 41876 D GtN R gen 434871 B GtNRgen$s'73C.. Gt N R6Ws ‘62 B. GtNRgen7s'"8 A. Gulf Sta Stl 6%s"42. 110 8% Hud & Man inc 6s '§7 Hud & Man ref 58 °67. 111 Bell Te1 03 °56. 100% 111 Cent coll tr 4 99 111 Cent coll tr 4 111 Cont 4%8 '66 111 Cent 6% s ‘36 111 Cent Lou 3%s '6: 1ICCStLNO4 ICC&StLNO 111 Steel deb 4 inland St) 4 105 117% 121% 104 66% 108 108% 1065 108 10914 10215 111% 57 105t 117% 121% 104 106% 67 66 91 108 108% 106's 107 109, 109 102% 102% a 111% Int RT 1st rf bs Int R T 6s IntRT 78 Int R T 78 °32 ctfs.... Interlake 68°51.. Int Ag col 6s '42 stp. Int Cement 65 '48 Int Gt Nor 6s'52 Int Hydro EI 63 Int Mer Mar 6s'4 Int Pap 1st 68°47 A Int Pap ref 6s'56 108 10%% 106t 108 Int Rysof C A 6541, Int RofC A 6%s°47. IntT& Tev4eles3s. Int Tel & Tel 4348 ‘63 Int Tel & Tel 63 '66. . Inv Equity 68 47 A. . James F & C4s'39. " 198 | Kanaw & M 4s 90 KanCFS&M4s Kan CF&M rf4s Bch 1% 103% 112% 110 1033, 17 1167 | Kan C Sou 1st Kan C Ter 1st |KanG & E4%s°80.... Kelly Spr Tire 68 '42. Kendall 6% 48 ww. Kings County Elev 45 49 ... 106 Kresge Founda 111% 104% LE& Wn 1st bs 37 Lake S&M So 33597, Lautaro Nitr 6s ‘64. . | LehC & N4l%s B4 A. Leh Val Harjs '54... L V Pacon 4s2003.., L VR Rcon6s2003.. Ligg & Myr 78 44 Loew's 65 '41. Long Isl ref 48°49, Lorriilard 7s"44. 108 137 M'Cro'vS 53w 41led. Manati S T1s" l"szpd | Manhat R 45°90. . . Marion St Sh Gl'l'l | Market St Ry 78°40 A | Mead Co 65 °45. | Met Ed 1strf 4355 68 | Met Ed 1st rf 6553 . Met W S EI Ch 45 '38. Mich Cent 4340 | Midvale S&0 bs . .| MIER&SLGsSI.. Mil ER &S L {58’71 Minn & S L 55 ‘34 cfs. | MStP&SSM cn 45 38. MStP&SSM 5878 MStP&SSM rf 6546 A MoK & T 1st 45°90., MoK &T 4s 62 B. MOK&TH68'62A Mo K & T adj bs Mo Pac 48°76. . | Mo Pac 5877 F' Mo Pac 878 G Mo Pac 55 80 H Mo Pac 65 ‘81 1. Mont Cent 5837, Mont Cent 65 '37. Mont Pwr ref 5s 43 Mont Pow 65 62 A Morris & Co 4% Mor & Esx : %35 2000, Mor & Esx 413855 Mor & Esx 58°55..... Murray Body 6%s '34 Murray Body 6842 111 111 97U Y6% 104% 104 Nassau El 4s '51 gtd. Nat Acme 6s°42. Nat Dairy 6%s 43... Nat Steel 65°56...... Newb'ry(JJ)5%s '40. New E T&T 4%s°61. . New E T&T 1st 6s°'52 New J P&L 4% 103% 831y 891y 961 821y New Or T&M bs ‘64 B New Or T&M 5%s ‘64 N Y Brkin&M B 6535 N Y Cent 3%s°'97 = N Y Cent 315’97 reg. Y Centcon 4s°98... Cent rf 4348 2013 Cent rf41;s2013n Cent rf bs IO!: 85% 847% 84% 83% 11 111 110% 110% 37% 36 37% 36 106 105 106% 106% 106 105% 106' 106% N N N N N N Y X Y ¥ Y NYC&StL 1st N ¥ Conn 1st 438 ‘63 N ¥ Dock bs 38 5 Ll 106% 100% 804 80w 9% 9% 94% 103 103 103 106% 1064 106% 26% 25 25 8 3 8 T T 18% 13 13 110% 110% 108% 1083 1081 1084 108% 108% 105 106 105 113% 113% 113% 106 106% 105% 13% 18% 66% 65 98% 98% 72% 123 58% 584 58 57h 1156% 1156% 115% 115% 36% 36% 104% 104% vz 92 8% X% 8la 8% 961 Y6l 109 09 lo. 104 103% 103% 19% 18% 19% 064 1064 1064 % 106% 80% 222222222 a0 1 1 o g YW&B4hs NIIK L&O P 53 55. Niag Sh 6%8 '50. Nort Sou 1st bs 41. Norf So 1st rf Nort&W 1st & North Am Co North Am Ed 68°57 A North Am Ed 6369 C North Am Ed 5%, 63 NornOT& L 6547 Nor'n Pac gen 3s 2047 Nor'n Pac 4s'97..... Nor'n Pac ‘*.0“" . Nor'n Pac 6s 2047.... Nor Sts P 1st 68 '¢1 4 Ogden L C 45°48 Ohto Pub Ser 1% Ore RR&N 4s 46... Ore Sh L b8 46 gtd. Ore WRR&N ¢s ll Otis Steel 63°41..... FaeQaE s e PacR R M rummu ".-n 104% 105 9% 671 67 R85 1% 9y 32 82 1147% 114% 93 93 38 38 29'; 29% 83% 84% 108% 10815 68 68 60% 675 AT 96 92% 524 57% 107% 104% 4b% 45% 108 108 103% 107% 113 113 101% 101% 30% 30l PR 2:58. Pac T& Trefbs 'll. . nou mv. 110% Par-B'way 6%s 53% Par-B'way 6348 ‘il ‘ot "\ nu 53% Par-F-La 7 ctfs.. 1% T7% (1T% Par-F-La 7 flled. 77% TT% 1% Par-Pub6%s’50flled 79 79 79 Penn Dixie C6s’¢1... 83 821 824 Penn O & D4%8°77.. 104% 104% 104% Penn R R cnis’48 stp. 111% 111% 111% Penn R %s'31 D. 10 Penn Penn 117% 117% 117% . 106% 106% 106% 94 93% 934 81.. 105 104% 104% ‘47, 106% 106% 106% Peo G Lt&C6s'43... 1154 115 Peor Peki Un 63s'74 105 105 105 Phila B&W 4348 °81.. 109% 109% 109% 89% 89% 89 107% 107% 107% b8! i ‘3. 42'% 1... 1081 108% 108% PubS El & G 4%5'70. 108 108 108 Pure Of1 6345 °37.,,.. 100% 100% 100% Pure Ofl 638 ‘40 100% 100% 100% Purity Bak 87% 86% 87% 1.. 99% 99% 99% A, 106% 106% 106% 7 B. 1067 106% 106% TAww 103% 103% 103% RochG&EGs'62E.. 1 108 108 105% 105% 101% 102 62 Reading Jer C 4 Reading R ¢% St Jo Lead 5%s"¢1 St Jo Ry L T&P 6 St L (M&S R&G & StLRM &P 658’65 . 105% ‘37 102 '33 62 69'5 t s St L SW gen rf . St P M&M oxt bs 43, Seabd A Lref 4s'69.., Seabd A L.6s 45 A... Seabd A L 6s 45 cfs.. Seabd A-Fla 63'35A et Sharon S H 6% Shell Pipe L 68 ‘62 Silesian Am 78°4 Sinc Con O 6 8ine Con O Skelly O11 6% SoBeliT&T So Pac col 4 So Pac ret So Pac 4%s'68 So Pac ¢%8 69 So Pac ¢%s ‘31 So Pac Ore 4 %8 ‘7’ So Pac 8 F Ter 43 ‘50, So Ry gen 45 ‘56 A So Ry b8 '94. So Ry gen 63 '5 So Ry 6%, So Rv Mem div 5 Southw Bell T 2 2 1064 106% 4 A% A% 4y 4% 4y 102% 102% 102 102% 107% 107% Studebaker cv $5'¢5. . Tenn Cent 6s 4 Tenn C& 1R R 58’51, Tenn EIPWr 6347 A. Term As St L 48'63. . Term As St L 4%5'39 Tex Corp cv b8 Tex & Pac 68 ‘11 Tex & Pac 68’79 Tex & Pac 1st 68 2000 Tex & P MPT b%#'6¢. Third A ad ip ex Tol & Oh C 18t 55°35. . 91 Trumbull Stl 6s°40.. 102 UnOCalbs 45 re ww 1024 119 112% 1018 Unit Biscuit Unit Drug 65’ U 8 Rubber b8 ¢ 1044 104%4 90 904 93% 24% 834 82 37% 0% Ul P& L 6s 'l) ww. UHIP&L6%0'¢7... — Vanadium cv 65 '¢1.. Ver Sug 18t 78 '42 ef Va EI&P 6%s ‘44 Va Mid gen 65 '36. \a Ry4%s'62B Ry 18t 6562 104% 104% 111% 110% 141 934y 62% 13 41% 53% Wabash 434878 Wabash 1st 58 '39. bash 2d 5s°39.... Wahash 512875 ctfs. Walworth 6s 45 A Warner Bros ev 101% lml. M'a 9414 10215 101% 37w 37 Youngtn S&T 68’70 B 93% 934 93 Youngtn S&T 5518 A 934 921 92 West'n Un Wn ll Wheel Stl 4348 '8! Chicago Grain. By the Assoctated Press. CHICAGO, April 18.—In a typical pre-holiday market wheat values to- day averaged higher, but sagged at the last. A feature of late trading was sales of wheat against purchases of corn. Canadian as well as the American Northwest indicated that wheat seed- ing was somewhat later than normal. Wheat closed easy, Y-% under yes- terdnys finish, May, 1.00a1.00%; corn Y-1)3 up, May, 90'3a%; oats unchunud to % off and provisions 10 to 12 cents down. N HEAT o1 OO, st Low. Sept. .1.00% 1.00% ~.99% 0, Lol 1o Jpuas Looi Sept. ...1.00% 1.00% .nn-, 1% 1% 1% 106% 106% 106% | JiA7 111 111 111 70 70 70 20 19% 20 107% 107' 107% 7 6% T6% 45 45 45 4 14 14 114% 114% 114% 96}y 9515 96 92% 92% 2% llh 9y Y 96% 96 96K “108% 108% 1081 71‘6 71 1% 03% 103% 103% 17% ki 844 84% B4u 106% 106% 1061 | 20t 33 33 33 112 111% 112 108 108 108 L11% 118 11X 102% 102 10%% 83 83% IO" lm 1m 1004 mg 10604 Chicago Cash Mnket. Cash wheat, No. 2, red, 1.02; No. 1, hard, 1.10%2; No. mixed, 1.02 (weevily); corn, No. 2, mixed, 92%;; No. 1, yellow, 94}2; No. 2, white, 98; seed, 16.00-18.00 per hundredweight; clover seed, 15.00-18.00 per hundred- weight. Liverpool Grain Prices. il 18 (P —Whest stea 88% futures n x“eh 4841 xchange, iy market g closed until Tuesday, April 23. MONEY MARKET. W NEW YORK. Avell 18 (P.—Call maney i s Carolina. Halls, mofll‘ around §4 On the other hand, reports from the | 2. 2 THURSDAY, APRIL 18, 1935. EGG QUOTATIONS STEADY T0 FIRM Nearby Receipts Unchanged, but Government Grades Rise Half a Cent. Egg quotations were unchanged to slightly higher on the Washington Prodice Market today. Nearby un- graded offerings were about steady but Government grades advanced )2 cent. ‘The summary, with egg, live poultry, fruit and vegetable prices furnished by the Department of Agriculture, follows: UTTER —One-pound prints (92 pound prints (90 45; 1-pound prints (89 score), score). score)’ 16a18; medium. 9.00: 4000680, is: calves. mbs. 55007 B0, Bpring ambs. 21000 t about undy on s. but firm and ‘4 rnment graded eggs. 22; hennery whites, néa dated EGGB—Market | nearby uni uflefl Jary LXV! POULTHY——MIHH lleldy !t un- changed_prices. Lo horns, T chickens: mouth Rocks. und over 3 Joungs. 20a22; toms, 20 Fruits and Vegetables. Sales In llrle lnu by original receivers. Sales o PLES er 312 poun 25826, Turkey! hm| ‘minimum. 1508115 inch minimum. 75: 1.00a1.15: 23, inch Yellow Newtowns, U. mum, 100; s U.'8No. 1. 2V 21z-inch mlnlm;)m 0. 1. 21a-in -inch mxmmum al inch mirimum. 1.3681.40 utility *_grade. al 5a1 Boxes: Washington medium to large st fancy. Delicious. nound s esaps. extra fancy. .00 Vireinia. _combination _extr fancy Lowrys. 1.50a1 65 Staymans. 1 X Delicious. 1.30a2.00; C grade. al CABBAGE—No broken car on track mand moderate. market steady. >-bushel _hampers. ik ‘recoptn: packed, locally mostly Doo! ( Y2 NG carlot arrivais: one broken and three unbroken cars on track. Sup- | plies demand light. steady. . 10-inch crates. washed. dozen.3.0083.25 ETTUCE—Two Arizona arrived cars diverted; seven broken and five broken cars 'on track Supplies moderate. denand modeate. mar- ket steady. Arizona Western crates Ic g type. S5-dozen. best. 450; fair con: tion '400. Southern stock: Practically no_supplies on_the market ONIONE — One_ 'Texas arrived: _two Dok I hnd o unbroen cary on track: Suvnlln moderate: demand moderate: mar- Indians. Michigan and New or 8. No. i. e B condition: PEAS—No_cariot arrwvals: no cars on demand moderate: South Carolina. few 275, fancy _and e carlot arrivals: one Supplies light, de- | Sout pointed 2258 two pound sacks Xs‘llotlv Supplies lizht: about _ste: Busnel hampers. .2 Potato Prices Steady. POTATOES—One Idaho and one Maine arrived: seven broken and four unbroken cars on track. ck: Supplies mod- demand modenuc market steadv erate: Maine, 100-pound | U. 8. No. {ruck receipts, . poorl: York. D?\ 1 ml R Poark ® geinand I ';'a" New stock Supplies " demand light: teady. _ Flor! head bar- no cars | Suppl! ‘demand m CPate Cmarket pteady. Bushel baskets: Virginia, Norfolk section, 1.25a1.59; nearby sections. 1.00a1.35 STRAWBERRIES—One Louisiana by ex- one broken car on track. demand slow: market w in rates. ottty " 4.0083 50; " Florida: per pint. 10all, few WEET POTATOES—No carlot arrivals no tars on (7ack Suppies. Hght: ‘demand light: ‘market steady. North Carolina, bushel baskets Puerto’ Ricans and Nancy 0. One Florida a ur unbroken cars on track. demand moderlle market steady. Florida. 1ug boxes, ripes and turning. wrapped. 1508 6x7. 1 poorer. 1.00. mwm—o:u California’ arrived: two unbroken cars on frack. Supplies light: demand mode: ket steady. Cali- fornia, crates, ASPARAGU: ne California arrived; three unbroken cars on track. Supplies moderate: demand moderaic. =~market teady. South Carolina. pyramid crates. ozen bunches, green. Colossal. =00a3.00¢ hn:{xl 301‘!'50 choice, 1.7581.50. m—Nn carlot arri- crates ived: three vals: no nrl on track LIMA bl:ANs—aupnhu light: demand light: market steady. Florida. bushel pers. fair to ordinary condition. 0. GREEN. BEANS—No carlot arrivals: two broken cars on track. Supplies moderate; demand market stronger. Flor ampers. green. fiat type. LANTSupplies light: _demand moder: market steady. Florida. 1'a- bll(;hel crates. 3.00a3.50; poor condition, PEPPERS—Supplies light; demand mod. er: R ide hacbushel il ‘stze."pooi condition. 5Q! UABH—-Suppllu moderate; demand moderate; market steady. Florida. bushel hampers. white. wrapped. 1.25a1.50; yel- low_crooknecks. 1.50a1.7 CUCUMBERS—No carlot arrivals: one broken car on track. _Supplies moderate: demand moderate: market steady. Florida. bushel baskets. fancy. 3.50: choice. 2.5 RADISH upplies " light: moderate: market steady. North Carolina. bushel baskets mostly 1.00. CARROTS—One California arrivi broken and two unbroken cars on tr-ck | 1.758 2.0083.00. . 5.00; alifornia. G lugs, according to variety. CANTALOUPES—Mexico. juml standards. 4.50; orange pack. HONEY BALLS—Mexico, of 'Y DEWS—Chile, standard crates, " HONE! 1.7582.00, FPLES—Puerto Rico. 3.3084.50. actorammy .8 Sranets~One ' California, arfived: one car diverted: three broken and seven unbroken cars on track. Flor- ida, boxes. 3.00a4.25, according to grade and_size. LEMONS—No gl’olen one Florida carlot _arrival one ac- cording to_size. GRAPEFRUIT—Two Florida arrived: one broken and four unbrukln cars on track. Floridi xe cord: ing_to grade and si T *One Ceoreta arrived unbroken o trag ¥ 56 _bui el baskets lvmmh. 36 bushel " bllketl radishes. 110 crates (32- quart) strawberries: Fiorida. 25 bushel baskets cllcllmberl 45 crllel eggplant. 41 lIlllul blllkbe s lim 5 crates ‘HI;I!I. ora pare kets Deppers. 46 crates peppers. o hllkeu [y 18 “pushel . nampei nap be 30-pound crates tomatoe Illc l(l l tons (55 pounds) rhi barb; Penns .vum 156 3-pound baskets mushrooms: nia. els watercres Unknown' orlsin, 45 crates mixed Ve tables. CHICAGO PRODUCE. under. Lesnorn hens, 18: ryers. 26 eolm' broilers, 24; coloi b‘ 22. bmw,n 21; roosters, \/, en tirke i 25; _you 18; old %. Reserve Bank. o, /45 market | FINANCIAL, Downs Opposes R. F. C. Loans for Illinois Central y the Assoclated Press. CHICAGO. April 18.—L. A. Downs, president of the Illinois Central sys- tem, told stockholders at their annual meeting yesterday he hoped to avoid any further borrowing from the Re- construction ~inance Corp. this year. He presented a resolutoin of the directors asking authority to merge 13 subsidiary companies north of the Ohio River with the parent organ- ization and to issue a new mortgage which would cover the consolidated properties. This proposal was ratified. Downs explained the proposed merger would be executed by convert- ing the properties of the subsidiaries, which now are unmortgaged, to the parent company by deed. “This action will enable the issuance of a new mortgage to refund the eixst- ing mortgage indebtedness and to provide a cushion of securities which later can be sold or pledged as col- lateral,” Downs said. Gross revenues of the Illinois Cen- tral for the first three months of 1935 gained 6.8 per cent over the first quarter of 1934, Downs said, but in- creased expenses offset this. As a| result, there was a loss of approxi- | mately $1471,000 after all charges, | compared with a deficit of $684,000 in the same 1934 period. The road has borrowed $62,000,000 since the start of 1930, but has retired | $57,000,000 of the obligation, he re- ported. CLEARINGS STAY BELOW YEAR AG0 Register Further Decrease Compared With Large Total in 1934, By the Associated Press. NEW YORK, April 18 —Bank clear~ ings are again irregular and show & further loss compared with the heavy amount reported a year ago. The total for the 22 leading cities in the United States for the week ended ‘Wednesday, April 17, as reported by Dun & Bradstreet, Inc., was $5,321,- 203,000, against $6,021,939,000 for the same week of last year, a loss of 11.6 per cent, This contrasted with a loss of 9.3 per cent in the previous week. At New York City, clearings were $3,535,- 396,000, a reduction of 17.7 per cent from the amount reported last year, while the aggregate for centers out- side of New York of $1,785,807,000 was only 3.5 per cent higher. The reduction the last week was again mainly at New York City, al- though clearings were smaller at Bos- ton and Philadelphia and some other key centers, while at Chicago there was only a very trifling gain. The increase also was considerably re- duced from that reported for the past year 2t other points. Consideration should be given tc FYEAR PEAK SET | BY AUTO OUTPUT = Executives Weigh Possibil- ity of 1935 Total Near 4,000,000 Mark. | By the Associated Press. DETROIT, April 18.—Production activity in the automobile industry today is at the highest level in five years, with no indication of a slow- ing down. Some executives are speculating on the possibility of an h | aggregate output close to 4,000,000 units this year, Early predictions for 1935 produc- tion placed the figures at 3,350,000 passenger cars and trucks. Apparently reluctant to be quoted as to production possibilities for the makers are confining themselves to | the general observmon that “current | business 1s good.” and that prospects | for the second quarter of the year | ‘ look “bright.” | On the basis of present production schedules and orders placed in ad- vance with parts manufacturers, the }mdustry should pass the two-million | unit production point near the end of {May. It is more or less of a tradi- | tion in the automobile industry that the great volume of outpunt is to be ex- pected in the first six months of the year, but there appears to be a general feeling among manufacturers that the | current recovery movement has facets | entirely new to manufacturing and ]merthlndlsma practices. ‘When the recovery movement began | in 1933 and even as late as the middle {of 1934 it was not difficult to find a - | few pessimists here and there in both production and distribution divisions of the automobile industry. If there jare any such in automotive trade ! scattered that their speculation con- | cerning the future of motor car mer- | chandising is receiving little atten- tion. 'RAIL LINES LAUNCH | ADVERTISING DRIVE Western Roads Lower Rates and Comfort Due to | [ Stress Air Conditioning. | Spectal Dispatch to The Star. CHICAGO, April 18.—Essential de- tails of an advertising campaign of the | Western railroads are announced by Harry G. Taylor, chairman, Western Association of Railway Execu- tives. The main theme is air con- ditioning with further emphasis j on eccnomy of | travel by train in the West, where basic rates have been reduced and charges elimi- nated. ‘The newspaper appeal in the East differs from Harry G. Taylor. that in the West bectause the subject in the former will be primarily summer travel. Western newspapers emphasis will be given to all of the advantages of rail travel, such as lower travey costs, time | saving by train, dependability of sched- \ ules, comfort based on new and im- proved conveniences and the generally admitted safety factor, backed by the remarkable record that Western car- riers have made on this score. For the newspaper campaign which represents a preponderant percentage of the appropriation here are some of the headlines: “Romance returns to the railroads.” “Fresh as the breath of Spring.’ “Mark Twain was wrong. “It is always good weather.” ‘Clean as an April shower.” “Men can wear white linens now.” “It's cool when it's hot.” “As quiet as the dawn. Obviously, the foregoing headlines are an exploitation of the big news for the Western railroads—air condi- sleeping car sur- | P the fact, however, that for this wee: in April, 1934, bank clearings were 2 a record total for over two years, anc in only one week since that time ha the amount been so high. Clearing | for the third week of April this yea | were $118,255000 in excess of the amount reported in the precedinr week, whereas a year ago, for thr same two weeks. there was an In- crease of $279,193,000. Figures at leading centers, showinz increases and decreases as comparec with those of a year ago, are printec herewith; also, daily bank clearing | for each month this year: (Totals in thousands.) W Per cent change Phl]nrrlnh)l qumnm eveland Eloveiand Baltimore . Richmond Atlanta New Orleans Chicago ... Derroit St. Louis Louisville Minneapo) Kansas C Omaha Dallas. San P-ancisco. Portland. Oreg. Wertan stock: | latter half of the year, most MOtor Seattie ..o Total . New York Total all.. Aoril to aate.. arc Februars January DIVIDENDS ANNOUNCET NEW YORK. April 18 (#.—Dividends clared (prepared by the Standard Stat ties Corp.) - Viek Chemical 10c .. Reduced. H C Bohack 1st of...50c .. Resus xtra. 8-18 8- 4-25 5 Pe. Stk of Pa Rate. riod Fidelity Pund 30c Q Muskegon Motor A 30¢ .. Accumulated. Assoc D Goods 1st pf.$3 . Increased. Rapid Electrotype....60c Q Passed. %eak | circles at present they are so widely Godman ‘RC) 2nd bt Rer Am Emelove PLA. do do s Am & Gen '8¢ AL do 83 1st ot | Am Re-In: 2¢ Buckese Stet c.nmu et : $1.50 00 DOOODO F22002 ”w do 6127 of 816203 Cables a Wirejéas Hold Lid glae pf. El Bo Sha & 'Sk %6 o n m $5 pf . Elxm Nat_Watch JS Gray & Dudiey Co Kelloss "Co Lotlaw_Groceterias A do B 5¢ Marconi'In L Marine’ Com for ord reg..17 | owens-Tiinis Glass - ] for "51 :' TP SELy LY do Roval Tarik of Canada Shawinizan W & P Wes: Const Oll B Amemm HDIYlIC Prod “flt EEE nooz' cnonnn‘ 00 o Vick Chemical e NEW YORK BANK STOCKS NEW YORK. April 18 (P .—Over-the. counter market bank and trust companies opening bid and asked prices. BANKS. Bnnk o( Mnnhllun Sommercial” Eirst ! ‘hnnnll Bankers' Brooklyn Trust ! Central Hanover Chemical Continental Excnange. Guaranty Jrving In the | La Manutacturers New York Trust. Title Guaranty & U.s. TREASUBY POSITION. By the Associated Press _ The position °<r|t~1m Treasury on April 10 54,807 Rempn for April 16, 1834 (comparabl 140.700; expend.- 2! 3 net ‘Salance. $4.581 to: ts for the mont Yeceipis. for the fscal 82 expendivures, 35.493. i 13,107,604 ) dit ) ency expenditures 5‘ 6 goid emer. elc!u a( e ndml assets, 60 MONTREAL SILVER. )IONTRSAL Aprkl 18 (. fulures opened Afir) May, 67. 8.05; September. ' MAKE IDLE MONEY EARN —as it will when invested in our FIRST MORTGAGES The interest is attractive—be- cause it changele: is both generous and ss—while the principal is adequately secured. B. F. SAUL CO. First Mortgage Invesiments National PROPERTY MA REAL ESTATE 2100 925 15th St. N.W. ANAGBMENT